HI Options History — May 2022

In May 2022, HI traded between $39.71 and $43.93. ATM implied volatility averaged 47.0%, placing in the 42.0% IV rank vs the trailing year. The 30-day expected move averaged 12.8%. IV traded above realized volatility by 12.0% (HV 20d: 35.0%). Max pain ranged from $40.00 to $45.00. Net GEX was positive for 15 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 0.55.

Notable Days

  • 2022-05-02: Highest Volume — 364 contracts
  • 2022-05-18: Largest IV spike — 61.1% change
  • 2022-05-10: Highest IV Rank — 92.7%
  • 2022-05-31: Largest Expected Move — 15.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$41.58$39.71$43.93$41.40$41.88
Max Pain$42.14$40.00$45.00$40.00$45.00
ATM IV47.0%30.4%78.1%45.1%53.7%
Expected Move12.8%8.7%15.4%12.9%15.4%
HV 20d35.0%30.5%39.2%30.5%36.9%
HV 60d31.7%30.4%32.8%30.4%32.1%
IV Rank42.0%15.0%92.7%38.9%52.9%
IV Percentile71.3%11.1%99.2%74.2%87.3%
Term Structure-6.0%-19.2%10.3%-15.8%-13.4%
VWIV47.5%35.0%67.4%49.0%35.0%
Skew 25d17.1%0.8%45.8%0.8%9.3%
Skew 10d22.8%-9.4%65.9%1.9%-3.0%
Call IV 25d44.2%33.8%59.1%50.0%39.2%
Put IV 25d61.3%44.5%92.8%50.8%48.5%
Bid-Ask Spread %115.39101.98125.31102.12111.62
Gamma HHI0.270.200.440.240.44
Net GEX4.1K-8.5K12.7K10.6K-8.5K
Net DEX-342.3K-736.5K58.0K-333.9K-203.6K
Net VEX-4.2K-4.9K-3.1K-4.7K-3.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.550.420.680.580.64
Total Volume291.571231364364247
Total OI866.857780923868801

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-05-02$41.40$40.0045.1%12.9%30.5%38.9%49.0%0.8%-15.8%10.6K-333.9K-4.7K0.58102.12N/AN/A231133520348
2022-05-03$42.62$40.0040.5%11.6%31.5%31.5%61.9%45.8%2.0%6.0K-514.9K-4.9K0.65110.36N/AN/A205133520352
2022-05-04$43.93$40.0034.5%9.9%31.5%21.7%43.7%8.6%7.4%12.7K-736.5K-4.3K0.68113.27N/AN/A201137523352
2022-05-05$42.79$40.0041.1%10.9%32.3%32.5%40.9%5.1%-5.3%5.6K-582.7K-4.6K0.64109.43N/AN/A201128527357
2022-05-06$42.82$40.0047.9%12.2%31.4%43.5%42.0%1.0%-8.8%5.4K-543.8K-4.6K0.58116.04N/AN/A220128526358
2022-05-09$42.96$40.0049.6%11.8%31.3%46.3%56.5%12.0%-0.4%8.8K-610.8K-4.6K0.42116.50N/AN/A19983547358
2022-05-10$41.02$40.0078.1%13.4%35.2%92.7%53.6%4.7%-5.1%5.2K-308.3K-4.7K0.42116.86N/AN/A19983547364
2022-05-11$40.95$40.0042.1%12.1%35.2%34.1%46.9%2.3%3.5%4.5K-277.6K-4.5K0.42122.72N/AN/A19983547363
2022-05-12$41.17$40.0046.7%13.4%34.4%41.5%52.4%4.9%2.6%4.9K-302.0K-4.6K0.42124.30N/AN/A19983547363
2022-05-13$41.77$40.0040.1%11.5%34.5%30.8%45.9%21.9%-8.5%8.9K-469.8K-4.5K0.42120.83N/AN/A19983547363
2022-05-16$41.47$40.0053.0%15.2%34.4%51.8%67.4%33.7%-10.0%11.8K-461.0K-4.5K0.51123.63N/AN/A199101547363
2022-05-17$42.96$40.0030.4%8.7%35.1%15.0%38.2%34.2%0.1%3.0K-600.0K-3.9K0.55108.23N/AN/A204112547347
2022-05-18$41.57$45.0049.0%14.0%36.6%45.2%51.6%40.5%10.3%8.9K-522.4K-4.5K0.57117.84N/AN/A204116551357
2022-05-19$41.09$45.0046.4%13.3%36.8%41.1%51.2%33.8%-13.4%7.8K-397.3K-4.5K0.57121.19N/AN/A204116551372
2022-05-20$39.71$45.0043.3%12.4%38.2%36.0%46.8%2.5%-2.1%8.6K-49.2K-4.0K0.55122.04N/AN/A205112551372
2022-05-23$40.60$45.0045.9%13.2%39.2%40.2%42.3%16.2%-16.0%-3.5K-34.4K-3.7K0.57124.03N/AN/A15086459321
2022-05-24$39.81$45.0050.7%14.5%37.6%48.0%47.9%19.1%-16.3%-1.6K58.0K-3.5K0.55109.11N/AN/A14982461321
2022-05-25$40.03$45.0048.2%13.8%37.5%43.9%41.3%32.7%-4.8%-2.5K-59.4K-3.8K0.55125.31N/AN/A14982461323
2022-05-26$41.06$45.0050.0%14.3%37.8%46.9%41.1%17.2%-19.2%-3.6K-93.2K-3.5K0.55105.72N/AN/A15082461323
2022-05-27$41.61$45.0050.8%14.6%37.2%48.3%42.8%12.5%-12.4%-6.0K-146.2K-3.7K0.64101.98N/AN/A15096463323
2022-05-31$41.88$45.0053.7%15.4%36.9%52.9%35.0%9.3%-13.4%-8.5K-203.6K-3.1K0.64111.62N/AN/A15196463338